Understand your point. I am current subscriber as you know and I find there marketing a little strange but who am I to critise I have not invented a winning system. I think the problem is no system suits everybody. Brimardon is no exception. It has taken me 6 months to really get to grips with it. I have found very difficult because I was one of the few who use to mkae money on horses albeit for 10 years and not enough to live for the effort put in.

The reason I brought brimardon was I thought it mean that I could apply my horse knowledge to a system that had done the homework for me. WRONG. Brimardon has taught me how to lose and no worry about it. No to change my thought just because of 1 or 2 losing days. It has taught me that your profit is not dependent on the number of races you are involved in.

I know I still have a lot of horse knowledge to leave in the past but I know now how to make consistent money by following a proven system.

The more important thing I have learnt is not to get involved in a race. I know quite often put my bets down for the days and just do my accounts in the evening. Laying is a little different as I try to lay seconds before the off but once I laid then I don't often watch the race.

All I will say is that about 3 years ago I signed up for a year and parted with significant cash to these people.
The results where impressively poor, i.e., I lost over the year. need I say more?
There are outfits that take a fee and deliver, I am trying racingtowin (Raj Patel) on a weekly subscription. Results for the first 2 months are well over 100% profit on their 3m system. I am not a great believer in the gee gees and know nothing about the sport so follow their rules as I trade the markets, technically, mechanically and with discipline. So far I am impressed. Shame really as I enjoy trading much more but at the moment my gee gee account is showing much better returns.

Euro can I ask one question did you lose from just the phone advice over the year followed religously blind or did you lose because the system wasn't for you. The system is very different to other system I have used and unless you treat it that way you will lose. I know the first 6 weeks I had the system I was making so much money I thought I had found the holly grail. More fool me then I had a bad run. Analysed what I had done wrong i.e. tried to apply own racing knowledge to a system that has already done the work. I have no adjusted the way I work with the system and am finding things a lot more consistent. No perfect but profitbale. The biggest problem I found unless you trade with the system which I find takes a lot of time then there are periods when you have a losing run. This is outweighed by the winning runs but it is very difficult to equate to a full time earnings until you have a few years worth off data.

I will be checking out the system you mention though. I would recommend Brimardon to people with out any or much racing knowlege who are looking for a decent return over 12 months. From approx 10 minutes effort a day. If you do too much work you will lose. I often go several days without an investments. On the flip side I can have upwards of 20 investments on a particular day. Just depends on weather there is conistent ground and whether the prices are there for the top two rated horses.

I know one thing for sure if I decide not to renew my subscription I have learnt a lot in the past 8 months (or 13 when my subscription finished). I have been fortunate and have always been able to make a profit in the past so I am not the ideal Brimardon candidate but I am discplined enough to learn and take corrective action.

I would be very interested to know how you used the system.

OK,
the answer is simple, as I said I have no great interest of knowledge of horse racing therefore I followed the telephone advice to the book. No variations of changes.
Hope that helps
Dave

I think that I am with you (and others who have made the comment) that it is better to pay as you go. Therefore thr providor stands/falls on their ability or lack of it. The only service (for horses) I have used was just so (prostaking.com) by Lee Keys. This was honest and straight forward until he hit a long bad patch (Traders know the feeling well!) and packed it in. I believe that he is with The Winning Line now; if you read this Lee - best regards.

Any way Dave, good luck with racingtowin (will have a look). Matter of interest what region in Spain? (not Competa by any chance?).
Richard.

Thanks Dave for your answer. I will keep doing my homework then. September is decision day for me when I decide whether to renew or not. Atm I 60% renew 40% not. My biggest stumbling block is the 10 points profit a month it costs me. Great system just you need a lot of money to have the edge.

If I can into a lot of money then I will definitely renew in the future though.

Hi Richard, I am in the North, the province of La Coruna. No tourists and superb connections back to London.
FYI, I only use RTW's 3m method. I do not lay as it seems to me that one lay that wins (i.e., you loose) wipes out significant profit, admittedly RTW state that you should not lay where the odds (or cumulative odds) are more than 3.
I am sure that I am missing something with laying and perhaps someone could explain:
Laying is acting as though you are the bookie. There are very few, if any, loosing bookies.
Therefore it should, in theory, be long term profitable to lay all runners in all races, accept the pay out on the winners and keep the rest as profit. Fine in theory.
Problem is that on the exchanges some of the lay odds are scarry, 500, no way is that sensible to risk.
I am still researching the risks of laying all but if any other contributers have had success please post and lets get a discussion going.
IMHO the theory is sound but the realities somewhat cloudy.
Dave
:frown:

Interesting that you only use the 3m; this was the one that I settled on when I had a look last night. Perhaps there is a bit of a Trader mentality about that choice!
The problem with laying is the fact that we (non bookies) are tending to only lay one horse in a race. A Bookmaker would attempt to lay all runners proportionate to the odds ie "make a book" ; obviously building in a profit. Good explanation :http://www.probabilitytheory.info/to...the_bookie.htm
However, by definition a Bookie will always take more money on the favourite (unbalanced book) which is why they love long priced winners (contrary to most popular belief). A better proposition, in my humble opinion, where the Exchanges are concerned are the Arbitrages that are often available. This is yet another topic so perhaps we could get a thread going. Incidentally, I am interested in testing some arbing strategies on a one to one basis (sharing thoughts, pointing out pit falls, testing data); I do similar with a Trader who has no interest in the horses; interested ?

Regards Richard.

Interesting article.
I looked at arbing a few years ago and gave up, to be honest I cannot remember why. I must dig out my files.
I agree we should start a new thread as this is the Brimardon thread.
FYI I was out of the RTW system for about 10 days (Easter skiing) and even so showed a 100% profit on 3m and a few lays (using their rules of max odds = 3). Must admit that is impressive! My trading account showed a small loss in March!

I'll start the thread, lets see the reaction. If you have info on arbs, please share it.
Regards
Dave

Dear all,
As both I and rgsharp (among others) have wandered from this treads subject I have created a more specific thread,
Income from betting exchanges,
See you there
Dave